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Genzyme acquires Ilex for $1bn

06 May 2005

Executive Summary

Oncology therapeutics company Ilex has agreed to be acquired by Genzyme for approximately $1bn in stock. Terms of the deal call for Ilex shareholders to receive Genzyme common stock (0.478 of a share) worth $26 each.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Intra-Biotech Deal
    • Payment Includes Stock

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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